Will Investors Now Sell John Wood Group plc (WDGJF) Stock Following Today’s, Morgan Stanley Downgrades?

May 17, 2018 - By Rene Maslow

John Wood Group PLC (OTCMKTS:WDGJF) Logo

John Wood Group plc (WDGJF) Receives a Downgrade

In a report released on Wednesday, 16 May, Morgan Stanley announced that they will be downgrading shares of John Wood Group plc (WDGJF) from a “Equal-Weight” to a “Underweight” rating.

The stock increased 1.71% or $0.155 during the last trading session, reaching $9.222. About 1,000 shares traded or 38.70% up from the average. John Wood Group PLC (WDGJF) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

John Wood Group PLC, together with its subsidiaries, provides engineering, procurement, construction, and maintenance services to the gas and oil, and power generation industries in the United Kingdom, the United States, and internationally. The company has market cap of $6.27 billion. The firm operates through three divisions: Asset Life Cycle Solutions West, Asset Life Cycle Solutions East, and Specialist Technical Solutions. It currently has negative earnings. It offers project and modification services, such as engineering, project management, repair orders, construction, commissioning, and fabrication services; activities and maintenance services; and industrial services, including access and containment, rope access, insulation, painting and protective coatings, positive pressure habitats, heat treatment, composite wrap, industrial cleaning, asbestos remediation, building construction and civil engineering, passive fire protection, and mechanical and piping support services, as well as electrical, control, and instrumentation services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: